STEEL PARTNERS HOLDINGS LP (SPLP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPLP - US85814R1077
35.5 USD
+0.95 (+2.76%)
35 USD
-0.5 (-1.41%)
Taking everything into account, SPLP scores 6 out of 10 in our fundamental rating. SPLP was compared to 7 industry peers in the Industrial Conglomerates industry. SPLP has an excellent profitability rating, but there are some minor concerns on its financial health. SPLP is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SPLP was profitable.
In the past year SPLP had a positive cash flow from operations.
SPLP had positive earnings in each of the past 5 years.
SPLP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 7.31%, SPLP is doing good in the industry, outperforming 71.43% of the companies in the same industry.
SPLP's Return On Equity of 23.10% is fine compared to the rest of the industry. SPLP outperforms 71.43% of its industry peers.
The Return On Invested Capital of SPLP (14.54%) is better than 100.00% of its industry peers.
SPLP had an Average Return On Invested Capital over the past 3 years of 11.57%. This is above the industry average of 7.93%.
The last Return On Invested Capital (14.54%) for SPLP is above the 3 year average (11.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.31% | ||
| ROE | 23.1% | ||
| ROIC | 14.54% |
ROA(3y)5.82%
ROA(5y)4.84%
ROE(3y)21.53%
ROE(5y)19.6%
ROIC(3y)11.57%
ROIC(5y)9.59%
1.3 Margins
SPLP has a better Profit Margin (12.90%) than 71.43% of its industry peers.
SPLP's Profit Margin has improved in the last couple of years.
SPLP's Operating Margin of 15.99% is fine compared to the rest of the industry. SPLP outperforms 71.43% of its industry peers.
SPLP's Operating Margin has improved in the last couple of years.
SPLP has a Gross Margin of 43.17%. This is amongst the best in the industry. SPLP outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of SPLP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.99% | ||
| PM (TTM) | 12.9% | ||
| GM | 43.17% |
OM growth 3Y-0.4%
OM growth 5Y12.92%
PM growth 3Y14.39%
PM growth 5YN/A
GM growth 3Y8.13%
GM growth 5Y4.54%
2. Health
2.1 Basic Checks
SPLP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SPLP has less shares outstanding
The number of shares outstanding for SPLP has been reduced compared to 5 years ago.
The debt/assets ratio for SPLP has been reduced compared to a year ago.
2.2 Solvency
SPLP has a debt to FCF ratio of 0.93. This is a very positive value and a sign of high solvency as it would only need 0.93 years to pay back of all of its debts.
SPLP has a Debt to FCF ratio of 0.93. This is amongst the best in the industry. SPLP outperforms 100.00% of its industry peers.
SPLP has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
SPLP has a Debt to Equity ratio of 0.24. This is amongst the best in the industry. SPLP outperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.93 | ||
| Altman-Z | N/A |
ROIC/WACC0.93
WACC15.59%
2.3 Liquidity
A Current Ratio of 1.34 indicates that SPLP should not have too much problems paying its short term obligations.
SPLP has a Current ratio (1.34) which is in line with its industry peers.
A Quick Ratio of 1.24 indicates that SPLP should not have too much problems paying its short term obligations.
SPLP has a Quick ratio of 1.24. This is in the better half of the industry: SPLP outperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 83.61% over the past year.
The Earnings Per Share has been growing by 33.78% on average over the past years. This is a very strong growth
Looking at the last year, SPLP shows a small growth in Revenue. The Revenue has grown by 6.42% in the last year.
SPLP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.86% yearly.
EPS 1Y (TTM)83.61%
EPS 3Y33.78%
EPS 5YN/A
EPS Q2Q%101.85%
Revenue 1Y (TTM)6.42%
Revenue growth 3Y9.97%
Revenue growth 5Y6.86%
Sales Q2Q%6.64%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 3.27, which indicates a rather cheap valuation of SPLP.
Based on the Price/Earnings ratio, SPLP is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.34, SPLP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.27 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPLP is valued cheaper than 100.00% of the companies in the same industry.
SPLP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SPLP is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.28 | ||
| EV/EBITDA | 1.44 |
4.3 Compensation for Growth
SPLP has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for SPLP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.5
+0.95 (+2.76%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)
Earnings (Next)
Inst Owners39.73%
Inst Owner Change-98.24%
Ins Owners47.43%
Ins Owner Change0%
Market Cap679.83M
Revenue(TTM)2.03B
Net Income(TTM)261.56M
Analysts0
Price TargetN/A
Short Float %0.01%
Short Ratio0.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.27 | ||
| Fwd PE | N/A | ||
| P/S | 0.34 | ||
| P/FCF | 2.28 | ||
| P/OCF | 1.87 | ||
| P/B | 0.6 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | 1.44 |
EPS(TTM)10.87
EY30.62%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)15.58
FCFY43.88%
OCF(TTM)18.97
OCFY53.44%
SpS105.89
BVpS59.13
TBVpS46.45
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.31% | ||
| ROE | 23.1% | ||
| ROCE | 18.4% | ||
| ROIC | 14.54% | ||
| ROICexc | 18.87% | ||
| ROICexgc | 22.98% | ||
| OM | 15.99% | ||
| PM (TTM) | 12.9% | ||
| GM | 43.17% | ||
| FCFM | 14.71% |
ROA(3y)5.82%
ROA(5y)4.84%
ROE(3y)21.53%
ROE(5y)19.6%
ROIC(3y)11.57%
ROIC(5y)9.59%
ROICexc(3y)15.06%
ROICexc(5y)12.11%
ROICexgc(3y)18.38%
ROICexgc(5y)14.63%
ROCE(3y)14.64%
ROCE(5y)12.14%
ROICexgc growth 3Y17.24%
ROICexgc growth 5Y16.92%
ROICexc growth 3Y16.53%
ROICexc growth 5Y18.89%
OM growth 3Y-0.4%
OM growth 5Y12.92%
PM growth 3Y14.39%
PM growth 5YN/A
GM growth 3Y8.13%
GM growth 5Y4.54%
F-Score9
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.93 | ||
| Debt/EBITDA | 0.72 | ||
| Cap/Depr | 109.53% | ||
| Cap/Sales | 3.2% | ||
| Interest Coverage | 2.69 | ||
| Cash Conversion | 94.71% | ||
| Profit Quality | 114.05% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.24 | ||
| Altman-Z | N/A |
F-Score9
WACC15.59%
ROIC/WACC0.93
Cap/Depr(3y)96.26%
Cap/Depr(5y)82.15%
Cap/Sales(3y)2.9%
Cap/Sales(5y)2.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)83.61%
EPS 3Y33.78%
EPS 5YN/A
EPS Q2Q%101.85%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.42%
Revenue growth 3Y9.97%
Revenue growth 5Y6.86%
Sales Q2Q%6.64%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y27.75%
EBIT growth 3Y9.52%
EBIT growth 5Y20.68%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1086.86%
FCF growth 3Y127.01%
FCF growth 5Y33.48%
OCF growth 1Y1611.82%
OCF growth 3Y67.14%
OCF growth 5Y26.94%
STEEL PARTNERS HOLDINGS LP / SPLP FAQ
Can you provide the ChartMill fundamental rating for STEEL PARTNERS HOLDINGS LP?
ChartMill assigns a fundamental rating of 6 / 10 to SPLP.
What is the valuation status of STEEL PARTNERS HOLDINGS LP (SPLP) stock?
ChartMill assigns a valuation rating of 6 / 10 to STEEL PARTNERS HOLDINGS LP (SPLP). This can be considered as Fairly Valued.
Can you provide the profitability details for STEEL PARTNERS HOLDINGS LP?
STEEL PARTNERS HOLDINGS LP (SPLP) has a profitability rating of 8 / 10.